PHOENIX - Arizona won't get a chance to try to shut down an online wagering site - at least not yet.
In an order late Friday, U.S. District Court Judge Michael Liburdi blocked a proposed hearing set for Monday where Kalshi LLC had been ordered to appear in Maricopa County Superior Court to answer charges by Attorney General Kris Mayes that it violated 20 separate state laws that make most forms of gambling a crime. The judge said there are legal issues that need to be resolved over any conflict between state and federal laws.
Strictly speaking, Liburdi has not accepted arguments by the Commodities Future Trading Commission that letting the state enforce its criminal laws interferes with the agency's authority to regulate what it calls "events contracts.'' These are wagers that pay out depending on the outcome of something set to happen in the future.
